Sterling Bank has once again redefined the boundaries of customer- first banking in Nigeria by scrapping Account Maintenance Fees (AMF) across all personal accounts.

By Elizabeth Adegbesan   Banks’ deposit with the Central Bank of Nigeria, CBN, grew by 568.7 percent, YoY,   to N146.13 trillion in the first nine months of the year (9m’25) from N21.85 trillion in the corresponding period of 2024 (9m’24), reflecting the enormity of idle cash (excess liquidity)   in the banking system. The CBN has two short term […]

At 65 many public affairs commentators believe Nigeria has come of age to show significant milestones in its match to development.

By Joseph Erunke, Abuja The federal government has called on Nigerians at home and abroad to rally behind ongoing reforms under President Bola Ahmed Tinubu’s administration, describing national unity and collective participation as critical to consolidating the country’s progress. Minister of Information and National Orientation, Mohammed Idris, made the appeal in Abuja, Monday,during a press conference […]

By Peter Egwuatu The value of transactions executed by foreign investors through the Nigerian stock market increased to N1.718 trillion in as at end August 2025, about 541% up from N262.85 billion in the same period in 2021. The domestic and foreign investment report released by the Nigerian Exchange Limited, NGX, shows that Foreign Portfolio Investment […]

By Mariam Eko Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said that Nigeria’s oil production rose to 1.8 million barrels per day, from 1 million, adding that the goal is to reach 2.5 million bdp, as American companies are already showing strong interest in investing in Nigerian oil blocks.   Speaking at the inaugural […]

By  Babajide Komolafe Nigeria has secured a major milestone in its digital trade transformation with the global registration of its Tax Identification Number (Tax-ID) and the approval of the Federal Inland Revenue Service (FIRS) as the country’s Peppol Authority. The achievement, made possible with the support of the Standards Organisation of Nigeria (SON), registers Nigeria’s Tax-ID under […]

By Peter Egwuatu  The Chief Executive Officer, Coronation Registrar Limited, Oluseyi Owoturo, has stressed the importance of technology in driving Africa ‘s capital market. In his interactions with the media in Lagos, he revealed   that in June 2025, the Securities and Exchange Commission (SEC) directed public companies and their registrars to comply with the Finance Act […]

By Obas Esiedesa The Nigerian National Petroleum Company Limited (NNPCL) has reported a 91.3 percent increase in its monthly profit to N539 billion in August 2025, up from N185 billion recorded in July. According to its Monthly Report Summary for August 2025, the company’s revenue rose to N4.655 trillion, compared to N4.406 trillion in July. It […]

Loses over $362.5m to export rejects •Over 23,400MT pesticides imported annually •We banned pesticides injurious to health- DG, NAFDAC •Agric ministry keeps mum on impact of pesticides •Experts express deep concerns, counsel FG By Gabriel Ewepu Nigeria’s crop fields may look lush, but beneath the green cover is a terrifying truth: deadly pesticides are poisoning the nation’s […]

By Peter Egwuatu   The Nigerian stock market ended last week on a positive note, following the Central Bank of Nigeria, CBN’s Monetary Policy Committee, MPC’s   cut in the Monetary Policy Rate, MPR by 50 basis points, bps. Consequently, the late-session gains on the final two trading days more than offset the weak outturns in the earlier […]

The volume of trade between Nigeria and China increased by 34.7% to $15.48 billion between January and July 2025 (H1’25) compared to the same period in 2024 (H1’24).  China’s Consul General in Lagos, Yan Yuqing, disclosed this during a reception to mark China’s 76th founding anniversary, Nigeria’s 64th independence anniversary, and the Mid-Autumn Festival. Yuqing revealed […]

The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi,  said that the Nigeria Customs Service (NCS) has developed a new one-stop trade platform aimed at fast-tracking clearance of goods. Adeniyi said the “One-Stop-Shop” trade platform is aimed at simplifying manufacturers’ interactions with customs and other regulatory agencies. According to him, the platform will drastically reduce bureaucracy, […]

…Surges 159% to N1.87trn in H1’25  By Yinka Kolawole In spite of moves by the federal government mandating value addition before export, the value of raw materials exported from Nigeria rose drastically, year-on-year (y/y), by 159 percent to about N1.87 trillion in the first half of 2025 (H1’25) from N719.66 billion recorded in the corresponding period […]

Nigeria Governors Forum (NGF) Corporate Council on Nigeria (CCA) and Cavista Holdings have announced partnership during a Gala Night in New York, United States of America on the sidelines of the 80th Session of the United Nations General Assembly (UNGA), to drive foreign direct investment and end food insecurity in Nigeria.